European Bank for Reconstruction and Development – Bishkek Public Transport Project

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Project Status: Closed
Project at-a-glance
Project Name Bishkek Public Transport Project
Project Number 41492
Sector/Subsector Municipal and environmental infrastructure
Country Kyrgyz Republic
Project Opening Date 02 Feb 2011
Project Closing Date 02 Feb 2017
Responsible Institution
Responsible International Financial Institution European Bank for Reconstruction and Development
Responsible Executive Agencies

Bishkek Trolleybus Company

Objectives
Strategic Agenda

To improve the public transport system in the City of Bishkek

Description

The EBRD is considering providing a loan of up to US$ 10 million to the Kyrgyz Republic, to be on-lent to the City of Bishkek for the benefit of the municipal trolleybus company. A further US$ 5.5 million grant to co-finance the project is envisaged from an international donor. It is planned the project will finance

 

(i) purchase of new trolleybuses and

(ii) a partial rehabilitation of the related infrastructure.

 

In addition, the project will support the introduction of e-ticketing in the municipally operated public transport sector in the City of Bishkek.

The EBRD considers supporting further improvements of the public transport system in the City of Bishkek and would extend a sovereign loan of up to EUR 5.0 million (provided in several tranches) to the Kyrgyz Republic. The loan funds will be on-lent to the City of Bishkek for the benefit of the Bishkek Trolleybus Company. It is also expected that the loan will be co-financed by a EUR 2.9 million EBRD Shareholder Special Fund grant (provided in several tranches). The proceeds of the loan and the grant will be used for the purchase of 49 new low floor trolleybuses.

Source of Funding

European Bank for Reconstruction and DevelopmentĀ  and other IFI

Amount of Funding

US$ 16.0 million

Project Outcome

Improved public transport system in the City of Bishkek

Business Opportunities
Consulting Services

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Procurement

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Contact Information of International Financial Institution
Organization/Department Bishkek Resident Office
Name Talay Asylbekov
Address Business Centre Orion, 21 Erkindik Boulevard, 4th Floor
Province/State Bishkek
Postal Code 720040
Country Kyrgyz Republic
Phone +996 (312) 624 016, 624 017
E-mail

AsylbekT@ebrd.com

Website

www.ebrd.com/kyrgyz-republic.html

Contact Information of Project Implementer
Organization/Department Bishkek Trolleybus Company
Name Ulan Nazhimudinov
Address 237 Moskovskaya Str.
Province/State Bishkek
Postal Code 720054
Country Kyrgyz Republic
Phone +996 (312) 657 612
E-mail

Btu.kg@mail.ru

Website

www.bishkek-trolleybus.narod.ru